Category: Power
$2bn power project: Fresh threats, as FG, Siemens take conflicting positions
But it is not yet clear if Siemens is willing to accept this responsibility as the firm rebuffed efforts to get them to confirm the development.
Ikeja Electric begins implementation of revised electricity tariff on July 1
The management of Ikeja Electric has announced that the implementation of the revised electricity tariff by the Company will take effect from July 1, 2020.
World Bank approves $750m for Nigeria’s power sector
The bank expressed worry that about 47 per cent of Nigerians had no access to grid electricity and those who had access faced regular power cuts.
World’s highest population without electricity resides in Nigeria —Report
Nigeria now has the highest number of people lacking electricity access in the world, at a total of 85 million Nigerian citizens.
Meter price: 6.46 million unmetered customers to pay more —NERC
Providing reasons for the increase in meter cost, the commission explained that the hike in foreign exchange rate by the Central Bank of Nigeria was a contributory factor.
Privatisation of power sector and calls for reversal
Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?
MPower raises $430k to expand its off-grid energy solutions in Africa
By Milcah Lukhanyu MPower, a Switzerland-based tech4impact venture tackling the challenges of energy access and financial inclusion in Africa has raised $430,000) via British crowdfunding platform Crowdcube to help it upgrade its software, scale-up operations in its current markets and launch into three new markets by the end of the year. MPower, which had over…
COVID-19: REA electrifies four health facilities with solar
By Oke Peter Rural Electrification Agency (REA) on Wednesday handed over two completed solar hybrid mini-grid plants in Abuja and Lagos. Its Managing Director, Ahmad Salihijo Ahmad, made this known in a press release to journalists. According to the statement, the two other completed solar hybrid mini-grids are slated to be handed over on Thursday…
No decision yet on two-month ‘free electricity’, says Power Minister
The Minister of Power, Mr Saleh Mamman, has said that the Federal Government has yet to take a decision to supply free electricity to Nigerians for two months. The minister’s statement came after power distribution companies said that the two-month free electricity which they announced on Wednesday would be paid for by the National Assembly…
Power transmission upgrade: FG assures AfDB of transparent utilisation of funds
The Nigerian government has promised that funds approved and released to the Transmission Company of Nigeria (TCN) by the African Development Bank (AfDB) for the upgrade of the national grid will not be embezzled. The Minister of State for Power, Mr. Goddy Jedy-Agba, gave the assurance to Acting Vice President, Power, Energy, Climate and Green…